The Thai stock market has tracked lower in two straight sessions, slipping more than 6 points or 0.4 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,490-point plateau and its looking at another soft start again on Tuesday. The global forecast for the Asian markets is negative with...
French stocks were moving higher on Friday after an ECB survey showed headline inflation in the euro zone will return to the central banks 2 percent target sooner than earlier thought. The survey is an important input in the ECBs policy deliberations. The European Central Bank lowered interest rates for the third time this year...
U.K. stocks were moving lower on Friday and the pound euro (GBP/EUR) exchange rate held near a two-and-a-half year high after data showed U.K. retail sales logged an unexpected growth in September on higher sales of technology products. Retail sales grew 0.3 percent on month in September, confounding expectations for a 0.3 percent fall. This...
The British pound strengthened against other major currencies in the European session on Friday, after data showed that U.K. retail sales logged an unexpected growth in September on higher sales of technology products. Positive retail sales statistics may impact conjecture over the Bank of England (BoE) rate-cut trajectory. Data from the Office for National Statistics...
European shares were mixed on Friday, a day after the European Central Bank (ECB) cut its deposit rate by 25 basis points to 3.25 percent, citing sluggish economic growth and easing inflation. According to its quarterly survey of professional forecasters, the ECB sees inflation falling to 1.9 percent in 2025 from a previous forecast of...
Indian shares recovered from an early slide to end modestly higher on Friday. Rate-sensitive banks, automakers and metal stocks advanced, offsetting weakness in the IT and FMCG sectors. The benchmark 30-share BSE Sensex ended the session up 218.14 points, or 0.27 percent, at 81,224.75, snapping a three-session losing streak. The broader NSE Nifty index closed...
Futures point to a mixed start for stocks on Wall Street Friday morning. With the economic calendar rather light, investors are likely to focus on earnings. The Dow futures are down 0.14 percent, while the S&P futures and the Nasdaq futures are up 0.21 percent, and 0.52 percent, respectively. American Express said that its bottomline...
The Taiwan stock market has climbed higher in two straight sessions, advancing more than 475 points or 2.1 percent along the way. The Taiwan Stock Exchange now rests just beneath the 23,490-point plateau and its tipped to open in the green again on Monday. The global forecast for the Asian market is upbeat on generally...
The China stock market has alternated between positive and negative finishes through the last eight trading days since the end of the 10-day winning streak in which it had skyrocketed more than 780 points or 27.9 percent. The Shanghai Composite now sits just beneath the 3,260-point plateau and its expected to at least open to...
The Indonesia stock market has tracked higher in six straight sessions, climbing more than 275 points or 3.7 percent along the way. The Jakarta Composite Index now rests just above the 7,760-point plateau and its got a firm lead again for Mondays trade. The global forecast for the Asian market is upbeat on generally upbeat...